Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 222. (Read 736772 times)

Im talking from a financial one. 80%+ of the funds are going to be in escrow. Why would the value of the asset drop below that?

Unless you think James or hackers will steal all the coins?

Marketing is entirely different issue - and, yes, part of the reason I think the asset will grow in value.

PS - by the way, are you a BBR holder? I know you despise XMR, but wasn't sure where you stood with BBR. If you are, I'd love to have you help us with marketing. Cheers.

Now, Jon, those are wise words.  But don't you think it would be best to let people know you're talking from a marketing perspective, and not a financial one?

Whats the risk? Its all backed by invested funds in escrow. So the risk is probably at most 20% since some is going to be used to buy coins, trade, etc.

What the upside potential? Who knows. But its probably a lot more than 20%

The question is, how much is it worth the risk?

Just want to say I love the concept myself. Why not aim high?  Anyway, when Bitcoin and Alts go mainstream next year, let's just see how well those of us that bought in now have done. I think it is worth the risk.

1400 GMT totals for bter after 48 hrs

2014-09-08-14:00:02-GMT SOLD 184773.76681758 TOKEN
809.77367361 BTC, 7643600.83037591 NXT, 16540.68839868 BTCD, 531411.3109014 CNY

NXT AE I didnt snapshot at 1400, currently at 20860018.5840505

I leave it for someone else to calculate the BTC equiv using CMC price

James

https://nxtblocks.info/#section/assets_exchange/stakeholders/15641806960898178066

(of course, this doesn't include BTER sales)

I hope not!

I am always making the mistakes. So many these past days, but the lack of sleep it makes the mind very fuzzy, so that is my excuse.

Please always think through what I am saying. Do not blindly follow what I am saying, if I am seeing too much of this, I might say some opposite things to see who is paying attention!

Also, any errors I make, if you find them, please post about it. I hope I am not making people afraid to post the truth, I do my best to respectfully answer all valid questions.

James

try it now
sales at 5% below official price should be enabled

We think whatever you think.

We did but the IRC peoples are refusing to give us control. So the lack of this very useful thing is due to the IRC staff. I suggest to make some user request to them, I have no time for such things

They are saying that maybe SuperNET is not going to be around for long

I like the IRC and I am using it at times, but if they are feeling that SuperNET is not allowed to have the #SuperNET, then how am I to feel like using them?

Maybe they dont want me to use the IRC anymore? If so, this is quite an effective way, to make an insult like this.

James

P.S. yes I know this is childish of me, but for the  IRC mods to say that they cannot release the #SuperNET to the SuperNET is quite ridiculous and if this is how ridiculous their policy is, then it makes me wonder what other ridiculous things they are doing. Dont you agree?

I have not purchased any yet, I expect I would be the largest holder at 10% assuming the expected amount is coming in

The NXT core devs have solved my issues I had and so there is no plans to ever replace the NXT from the SuperNET core.
The NEM it is a project with very many features, a lot of them are overlapping the NXT, but I am confident that they will be having features that NXT does not have and SuperNET is about choice. So if the answer to the question "what does NEM have that users would want to use" is able to be answered, then just like any coin that has a positive answer to this question it will be considered for the inclusion into the SuperNET CORE.

Also remember that all coins, websites, etc. are able to use the SuperNET API as a client
There is also the easy integration into the NXT AE with uMGW support, with an active NXT group https://nxtforum.org/index.php?topic=4007.0 that is helping with this. So, I can tell all the coins that if you are already in the NXT Asset Exchange with an mgwCOIN asset, then this will move you to the top of the list for consideration! It will also give you one of the top exchanges by volumes for your COIN. The coinmarketcap lists it at #15 of all exchanges by volume, but this is not counting most of the asset volumes. A quick estimate is showing 20 million NXT per week of volumes, or some millions of USD per month!

This makes the NXT AE closer to the top 10 exchange by volume. So, this uMGW support is probably a good idea in any case. There are also some other steps that are possible, but I suggest this for the first step. It will demonstrate a willingness for adding value to your coin and not just trying to get a SuperNET effect for your coin.

James

who holds most TokeN? is there something nifty as a shareholder analysis richlist

james have ya got one share it Mr. SUPERNET!

~CfA~

Any coins that are accepted will be officially announce by me.
Any other mention of any other coin here is either an attempt to pump the coin or hurt its chances and after a warning to the offender, then I will treat them as a troll.

I hope that all will understand my feelings about trolls. It goes back to a tortured childhood that I had and reminds me of the bullies that made everyday a day full of fear and humiliation. These are powerful primal emotions and as hard as I try to remain civilized, I am not strong enough and I am losing the control to this negative energy. I cannot be held responsible for the destruction of any troll's intellectual reputation or if he is SHUNNED by some few people who would rather be reading my blabberings instead of the troll's

James

tl:dr dont do trollish things in my threads

I forgot that I already allowed for the possibility of after market support!
What this means is that there is no need for any voting about the NAV bid. I had I made the mistake of forgetting this, but my mistake was forgetting that I didnt forget

So, a clarification about what this "after market support" is all that is required and as the anti-lawyer I declare that in the absence of any valid objection, that SuperNET will use some portions of its unallocated funds to provide liquidity at NAV of its crypto portfolio.

I expect that there will be some premium over NAV for SuperNET, so I dont expect to need much percentage of the total funds to provide the needed NAV bid. I will start with 1% of the fund allocated to this, but this is subject to change.

If there is 10000 BTC raised, this means there will be a NAV bid for 100 BTC worth of UNITY

James

this is a warning
to make a post like this is implying things that are not appropriate
What I will do is state that I have never even heard of this rootcoin or this bitkey

now maybe you are trying to hurt rootcoin? So this either an attempt to manipulate people to buy rootcoin or get it deprioritized in the evaluation process from [email protected]

How do you think I feel about such behaviors?

James

P.S. coin reps, if you cannot clearly state why a user of a different coin would want to use some feature your coin has,please do not spam me with PM. I am getting over 100 PM's per day and it is wasting my time. [email protected] is the place to send applications. annoying me with a spam is a good way to get me annoyed

Hey James, did you want to setup a irc for this ipo? Staff it with mods that can watch it 24.7 this should help you free up your time and allow people to volunteer to answer people's questions.

I will ask

It is hard for me to disappear with the funds I do not control
I think it will make sense to keep the CNY inside bter and they can be the escrow for the CNY raised

The SuperTraders will be using bter for most of the trading and these funds are not able to be withdrawn
The rest of the funds will be held in escrows (Xapo, Coinbase, community member multisig)

I will get access to 1%, which is 100 BTC
I will put in 1000 BTC and lose access to it
so now I am 900 BTC of motivations to make sure the escrows are secure!

I have had 20 million NXT in the NXT AE based funds in the SuperNET account that has been there now for over two days. It is still there and I can tell you the only thing the 1600 BTC worth of NXT has made me feel is to find the escrow for it as soon as possible
Since I already am worth ~6000 BTC, the 1600 BTC is a big fraction, but it is not even more than I already have.

I have donated about 40% of my fortune, so I guess I would have had closer to 10000 BTC personally if I didnt give out so much to the 100+ people.

James